Markets and Prices The price of bitcoin continues to drive higher as the decentralized currency’s value has reached a high once again this week, touching $6,915 per BTC on November 1. Also Read: Meet the K-7 Offline Paper Wallet Generator Bitcoin Markets Rally Hard on November 1 According to the spot value across some of the world’s popular exchanges, bitcoin has reached an average of 6,915 on the first of the present month. Currently, the price is hovering Read more …
SEOUL, November 1, 2017 – Proof Suite, an opensource software company that develops blockchain-powered investment market platforms, has launched its token sale today. A total number of 1,181,031 Proof Tokens (PRFT) – 50% of the total supply – will be sold at the rate of 0.088 ETH per 1 PRFT, and all unsold tokens will be burned. Proof Suite recently completed its month-long token presale with over $1.7M raised, attracting Crypto hedge fund groups such as Tokens-as-a-Service (TaaS). Proof Suite Read more …
Alternative currencies are becoming a part of everyday life, particularly in countries that become unstable. Take for example 2009, when the currency in Zimbabwe collapsed and its citizens began using talk-time minutes as a way to purchase and barter for goods. But it doesn’t take the collapse of any one currency to understand why alternative currencies can be useful and even in some cases safer than a government currency. The DIMND token has taken the idea of alternative currency and Read more …
Dan Kitwood | Getty Images A visual representation of the digital Cryptocurrency, Bitcoin on October 24, 2017 in London, England. Last month, El-Erian said bitcoin’s value should be half of the $4,000 it was fetching. Since then, the cryptocurrency has surged past $6,000, representing a rally of over 500 percent this year. Cryptocurrencies in general are getting more attention from government and large organizations, with bitcoin seeing the most debate among commentators and regulators across the world. JPMorgan Chase CEO Read more …
Key Highlights ETH price failed to hold the $290 support and declined towards $274 against the US Dollar. There is a major bearish trend line forming with resistance at $292.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The price is currently correcting higher, but upsides are likely to be capped by $290 and $292. Ethereum price made a sharp downside move against the US Dollar and Bitcoin. ETH/USD is now below $290 and remains at a risk. Read more …
Smart contract creation platform Confideal announced that they have entered into a cooperation agreement with Block.Law. [Note: This is a press release.] Confideal is happy to announce the start of a strategic cooperation between themselves and the premier network of blockchain experts and crypto consultants at Block.Law. Block.Law’s cooperation with Confideal will provide uncompromised benefits for both companies. The cooperation if very straightforward and easy to accomplish for both of the projects. Block.Law will record, validate, and endorse information within Read more …
Analyzing these best alt coins and you notice that there is USD demand across all these alt coin trading chart. In fact in IOTA and NEO alt coins, there is a clear surge from support zones with further price depreciation on the cards. Let’s review alt coin price action: LSK ALT COIN TRADING CHART LSKUSD Daily Chart for 02.11.2017 Two important things happened yesterday in this best alt coin trading chart. First, alt coin LSK price has retraced 100% from Read more …
BANKEX, the decentralized Bank-as-a-Service enterprise, today announced that their Token Sale Event (TSE) will take place on November 28. Using proprietary fintech solutions, BANKEX aims to bridge the gap between the emerging blockchain sector and traditional finance. “We hope to have a transformative effect upon traditional finance and investment, micro-financing, real estate, as well as illiquid assets, natural resources, and derivatives markets. This is a large undertaking and will require substantial investment. The market gap is large, the potential Read more …
A New Jersey pastor convicted of accepting bribes from the now-defunct bitcoin exchange Coin.mx has been sentenced to five years in prison. Trevon Gross was charged in March 2016, with federal prosecutors alleging that the pastor took bribes from those behind Coin.mx. In exchange, prosecutors said, Gross helped the firm use the Hope Federal Credit Union (which was later closed down by regulators) to facilitate international payments. Gross, whose trial began in February, was sentenced by U.S. District Judge Alison Nathan on Read more …
Key Points Bitcoin price continued to move higher and traded above the $6500 level against the US Dollar. Yesterday’s highlighted ascending channel with resistance at $6522 was broken on the hourly chart of the BTC/USD pair (data feed from SimpleFX). A new all-time high was formed at $6909 from where the pair started a correction. Bitcoin price extended gains and traded above $6900 against the US Dollar. BTC/USD now eyes a test of the all-important $7000 handle. Bitcoin Price Bullish Read more …
MI The price of bitcoin, the red-hot digital coin up more than 550% this year, soared past $6,900 to $6,916 Wednesday evening, according to data by Markets Insider. The rally comes ahead of a warning by the Securities and Exchange Commission on initial coin offerings, a cryptocurrency-based fundraising method. Bitcoin blew past $6,900 Wednesday even after the Securities and Exchange Commission warned investors about celebrity endorsements for certain cryptocurrency-based fundraising efforts. The red-hot digital currency traded at an all-time high of Read more …
Blockchain technology is revolutionizing the business world, from smart contracts to decentralized data storage, and Dragonchain is helping businesses, both big and small, effortlessly take advantage of this new technology. [Note: This is a sponsored article.] Blockchain technology is leading an online revolution, and many companies are taking notice. The vast potential in recordkeeping, smart contracts, and automated payment systems has businesses working hard to jump onto the blockchain bandwagon. Major corporations, such as IBM and Goldman Sachs, are diving Read more …